Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
ProShares UltraShort Technology (PACF:REW)
Countertrend Down (-85) - REW is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid REW?
MarketClub looks at technical strength and momentum to determine if the timing is right for REW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for REW
The long-term trend has been DOWN since Dec 13th, 2022 at 18.04
The intermediate-term trend has been DOWN since Mar 16th, 2023 at 15.74
The short-term trend has been UP since Mar 28th, 2023 at 14.87
Smart Scan Analysis for REW
Based on our trend formula, REW is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||17.75||Year High Date||2018-02-09|
|Year Low||10.5467||Year Low Date||2018-08-30|
|52wk High||26.7099||52wk High Date||2022-10-13|
|52wk Low||14.04||52wk Low Date||2022-03-29|
|Year End Close||37||Average Volume||22,564|